NEW YORK ( TheStreet) -- Aircastle (NYSE: AYR) hit a new 52-week high Friday as it is currently trading at $14.50, above its previous 52-week high of $14.41 with 58,843 shares traded as of 10:09 a.m. ET. Average volume has been 446,600 shares over the past 30 days. Aircastle has a market cap of $1.03 billion and is part of the services sector and diversified services industry. Shares are up 11.6% year to date as of the close of trading on Thursday. Aircastle Limited, through its subsidiaries, engages in the acquisition, lease, and sale of high-utility commercial jet aircraft to passenger and cargo airlines worldwide. The company has a P/E ratio of 10.1, equal to the average diversified services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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